Socio-Economics History Blog

Socio-Economics & History Commentary

Brace For Turmoil In Global Markets As Spanish Domino Falls!

Illuminists are lining up the dominoes for a collapse of the Eurozone!

  • Brace For Turmoil In Global Markets As Spanish Domino Falls! 
    by www.kingworldnews.com
    On the heels of Moody’s downgrading 28 Spanish banks, today 40 year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News.  Fitzwilson is founder of The Portola Group, one of the premier boutique firms in the United States.  Here are Fitzwilson’s observations of the current crisis we face:  “The monetary system is trapped.  Despite various forms of quantitative easing and the forcible reduction of interest rates, the level of economic activity has begun to reverse course.  The recent releases of economic indicators, in most areas of the world, have been revealing a global economy that is beginning to tank.  It is clear that the levers exercised by the central banks since late-2008 are not as effective as they once were.”
    ….
    “The extended Zero Interest Rate Policy (ZIRP) is wreaking havoc with retirees, savers, retirement funds, and the net interest margin of the banking institutions.  Large corporations have a tremendous amount of cash, but small businesses struggle to find working capital and bank loans.  Small businesses and entrepreneurs are the job creators. Another problem is that volatility is high for risk assets.  The velocity of money stagnates.  The system is imploding and unless something is done soon, and on global scale, we will lapse into a downward economic spiral….

    read more!

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June 26, 2012 Posted by | Economics | , , , , , , , , , , , , , , | Comments Off on Brace For Turmoil In Global Markets As Spanish Domino Falls!

Richard Russell: This Terrifying Financial Collapse & Gold !

Global financial collapse is coming!

  • Richard Russell – This Terrifying Financial Collapse & Gold ! 
    by www.kingworldnews.com
    With global markets trading in a sea of red, the Godfather of newsletter writers, Richard Russell, issued the following warning:  “… it is dawning on Bernanke that the Fed cannot defeat the powers of deflation and the primary bear trend … and Bernanke knows it, but cannot talk about it – it’s too frightening.” Russell also discussed gold at length, but first, this was Russell’s disturbing conclusion regarding the precarious situation we face:  “The Russell view — The Fed and all central banks are fighting the implacable forces of global deflation.  This is really the primary bear trend that I’ve been writing about.  It’s the result of a fundamental change in the world markets.  Suddenly, within the space of a few years, Asia has entered the global economy.”
    ….
    Sadly, the whole world is searching for income and safety, and the fact is that there is no income and there is no ultimate safety.  Then how does one build wealth?  The Asians know the answer to that — YOU BUY and HOLD GOLD — and exercise a lot of patience.   …. It’s tangible and not the fantasy-creation of central bankers.  Gold does not need a sponsor or the acceptance of an expert (such as pricing a Picasso painting), because all gold is intrinsically the same.  Gold does not tarnish nor does it degenerate — the gold in your watch may be the same gold that Cleopatra wore around her neck.

    read more!

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June 26, 2012 Posted by | Economics | , , , , , , , , | Comments Off on Richard Russell: This Terrifying Financial Collapse & Gold !

James Turk: Capital Controls, Panic, The Great Depression & Gold !

  • Turk – Capital Controls, Panic, The Great Depression & Gold ! 
    by www.kingworldnews.com
    With tremendous volatility in global markets, today King World News interviewed James Turk out of Europe. Turk told KWN that we are headed into an extraordinarily dangerous time for both the markets and the financial system, that will end in a massive panic.  Here is what Turk had to say about what is taking place:  “Today was a very important day, Eric, because gold was strong while the stock markets were weak.  This is a trend I expect to continue, and one that will baffle many financial analysts, going forward, that don’t understand this type of cycle.”
    ….
    As we know, Eric, government actions like these do nothing to solve the problem.  Financial repression is never a solution.  Capital controls only buy more time, but you can’t do that forever.  So money continues to leave the European banks.  The bank runs are not disappearing.  In fact, they jumped across the Atlantic to South America, where Argentine banks are rapidly losing dollar-denominated deposits.

    In the 1930’s, if people we lucky enough to get their money out of any of the hundreds of banks that failed, they didn’t want to take any more chances, Eric.  They soon realized that the paper currency in their hand wasn’t much safer than when they had their money on deposit in a bank.  The panic to obtain gold or silver marked the bottom of the Great Depression.  The solution was a higher gold price, and that is the same solution needed today.

    read more!

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June 26, 2012 Posted by | Economics, History, Social Trends | , , , , , , , , , | Comments Off on James Turk: Capital Controls, Panic, The Great Depression & Gold !

Whistleblower: TSA Hiring Criminals on Purpose!!

June 26, 2012 Posted by | Social Trends | , , , , , , , | Comments Off on Whistleblower: TSA Hiring Criminals on Purpose!!

Military & Police Call in About Gun Confiscation Orders!

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June 26, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , , , | Comments Off on Military & Police Call in About Gun Confiscation Orders!

Alex Ask Military & Police if They’ll Enforce Martial Law!

June 26, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , | Comments Off on Alex Ask Military & Police if They’ll Enforce Martial Law!

Turkey Jet Scandal Just What NATO Wants To Push Agenda!

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CrossTalk: U.S. of Europe!

June 26, 2012 Posted by | Economics, GeoPolitics | , , , , , , , | Comments Off on CrossTalk: U.S. of Europe!

Domestic Drones 101 !

June 26, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , | Comments Off on Domestic Drones 101 !

Cyprus Lands in Europe’s “Bailout Crosshairs,” as The BIS Says “Hold the Presses!” !

June 26, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , | Comments Off on Cyprus Lands in Europe’s “Bailout Crosshairs,” as The BIS Says “Hold the Presses!” !

Gaza Living Condition Deteriorating! The Ethnic Cleansing of Palestinians by Zionist Israel !

Genocide and Ethnic Cleansing by Zionist ‘666’ Israel !!!

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards

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June 26, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , , , , | Comments Off on Gaza Living Condition Deteriorating! The Ethnic Cleansing of Palestinians by Zionist Israel !

All The Bail-Out Systems Under The Sun Cannot Make The Eurozone Work!

The Eurozone Titanic is sinking!

  • You cannot solve a debt problem with more debts (bailouts)! The Illuminist banksters and their politician puppets know this. Do not be deceived by the MSM. These snakes are not out to help the Eurozone people. It is about building the crisis into ever bigger proportions and using it to scare the hell out of the sheeple to push through the Illuminist’s agenda for a World Government, One World Currency and Global Supra-National Central Bank! Let me assure you that the Illuminists are setting the stage for a catastrophic collapse of the Eurozone to complete their financial rape of the sheeple!

    All the bail-out systems under the sun cannot make the eurozone work! 
    By , http://www.telegraph.co.uk/ 
    Another week, another summit. This week’s shindig of EU leaders in Brussels   will be bound to focus on efforts to shore up the euro.

    Once again, it is likely to disappoint. The main issue is well-known; bail-outs for indigent, non-tax-paying southerners at the expense of hard-working northerners. The form book tells us that even if they come up with something, the proffered solution will be too little, too late.

    But the real issue goes deeper. All the bailout mechanisms under the sun   cannot make the euro-zone work. Such bailouts are still, in the end, loans.   Even if the interest rates are set very low, interest is due to be paid and   the debt eventually to be repaid.

    What would make some difference is if the money provided were not some sort of   loan but rather an outright gift. Such gifts can be made in advance   (although they rarely are) or after the event, when they are called   write-offs. Sometimes a recipient itself turns what was once a loan into a   gift.

    This is called a default. But northern countries understandably don’t want   their past loans turned into gifts, and they don’t want to be forced to make   new gifts until the crack of doom.

    read more!

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June 26, 2012 Posted by | Economics | , , , , , , , , , , , , , , | Comments Off on All The Bail-Out Systems Under The Sun Cannot Make The Eurozone Work!

Greg Hunter: The Ignorance Is Willful !

  • The Ignorance Is Willful ! 
    By Greg hunter’s USAWatchdog.com 
    You might remember Dr. Michael Burry as the hedge fund manager who made hundreds of millions of dollars betting on the collapse of the housing market.  You, also, might remember everyone from the mainstream media (MSM) to the Federal Reserve claimed nobody could have seen the 2008 financial collapse coming.  How did Dr. Burry know a financial catastrophe was on the way while most financial experts and media were totally in the dark?  This year’s commencement address at UCLA’s Department of Economics was given by Dr. Burry, and he says, “The ignorance is willful.”  (Click here to see Dr. Burry’s June 20, 2012,UCLA address.)

    “The ignorance is willful.”  I think you can say the same thing about the ongoing banking crisis.  Last Thursday, credit rating giant Moody’s downgraded the long-term credit ratings of 15 of the biggest North American and European banks.  All but four were cut at least two notches, and these are some of the biggest banks in the world.  RBC, JP Morgan, BNP Paribas, RBS and UBS are household names in Canada, U.S., France, UK and Switzerland.  (Japan’s Numara and Australia’s Macquarie were downgraded earlier by Moody’s.)  (Click here for a complete list of downgraded banks from Business Insider.)  I can’t find a time when a major credit ratings company like Moody’s has downgraded this many major banks in so many parts of the world at the same time.  Sure, critics of Moody’s will say they are way behind the curve, but the fact is the company has come out with bold and devastating bank downgrades when the world is being told it is in “recovery.” Please keep in mind, dozens of Italian and Spanish banks were, also, downgraded in the last few months by Moody’s.

    The MSM greeted this enormously negative bank news with a yawn.  USA Today, which touts itself as “The Nations Newspaper,” covered the story, last Friday, in the newspaper with less than 75 words! What kind of reporting is this?   Both Goldman Sachs and JP Morgan were downgraded two notches by Moody’s, and both own  more than 15 million shares (combined) of Gannett stock, which is the parent company of the newspaper.  I am sure that had nothing to do with the very light coverage and analysis of this story.  Bloomberg did a story that underplayed Moody’s downgrades titled “Bank Investors Dismiss Moody’s Cuts as Years Too Late.”

    read more!

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June 26, 2012 Posted by | Economics, Social Trends | , , , , , , , , , , , | Comments Off on Greg Hunter: The Ignorance Is Willful !

Guardian UK: Saudi Arabia Plans To Fund Syria Rebel Army!

  • By any measures, these are acts of war by Saudi Arabia and Turkey against Syria. Of course, the entire Arab Spring is orchestrated by western Illuminist intelligence agencies: CIA, MI6, Mossad … etc. It is all part of the western Illuminati’s plan for their Satanic World War 3. The sheeple are too dumb to understand what is really going on. They are easily deceived useful idiots complicit in their own destruction! The real war is by the 13 Satanic bloodlines, the seed of the serpent, against all humanity. It is about deceiving 1 group of sheeple into killing another group of sheeple and vice versa. Divide and conquer while the Satanic cabal remains in power!

    Saudi Arabia plans to fund Syria rebel army! 
    by Martin Chulov in Beirut, in Washington, John Densky in Idlib province, guardian.co.uk 
    Exclusive: Command centre in Turkey organising weapon supply to opposition

    Saudi officials are preparing to pay the salaries of the Free Syria Army as a means of encouraging mass defections from the military and increasing pressure on the Assad regime, the Guardian has learned.

    The move, which has been discussed between Riyadh and senior officials in the US and Arab world, is believed to be gaining momentum as a recent flush of weapons sent to rebel forces by Saudi Arabia and Qatar starts to make an impact on battlefields in Syria.

    Officials in the Saudi capital embraced the idea when it was put to them by Arab officials in May, according to sources in three Arab states, around the same time that weapons started to flow across the southern Turkish border into the hands of Free Syria Army leaders.

    Turkey has also allowed the establishment of a command centre in Istanbul which is co-ordinating supply lines in consultation with FSA leaders inside Syria. The centre is believed to be staffed by up to 22 people, most of them Syrian nationals.

    The Guardian witnessed the transfer of weapons in early June near the Turkish frontier. Five men dressed in the style of Gulf Arabs arrived in a police station in the border village of Altima in Syria and finalised a transfer from the Turkish town of Reyhanli of around 50 boxes of rifles and ammunition, as well as a large shipment of medicines.

    The men were treated with deference by local FSA leaders and were carrying large bundles of cash. They also received two prisoners held by rebels, who were allegedly members of the pro-regime militia, the Shabiha. The influx of weapons has reinvigorated the insurrection in northern Syria, which less than six weeks ago was on the verge of being crushed.

    The move to pay the guerrilla forces’ salaries is seen as a chance to capitalise on the sense of renewed confidence, as well as provide a strong incentive for soldiers and officers to defect. The value of the Syrian pound has fallen sharply in value since the anti-regime revolt started 16 months ago, leading to a dramatic fall in purchasing power. The plan centres on paying the FSA in either US dollars or euros, meaning their salaries would be restored to their pre-revolution levels, or possibly increased.

    read more!

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June 26, 2012 Posted by | GeoPolitics | , , , , , , , , , | 1 Comment

UK Soldiers ‘Beat Innocent Iraqi Men in Black Ops Jails But New Secret Justice Law Means Their Torture will be Hidden Forever’!

  • The wars against Iran and Afghanistan are illegal wars of aggression. Both nation had nothing to do with 9/11 nor weapons of mass destruction. Yet they are bombed to bits. At least 1 million Iraqi civilians have been killed and at least 250,000 Afghans have been killed. How is this not terrorism and genocide? Both wars are Illuminist SCAMs. Iraq for its oilfields and Afghanistan for its opium production, oil and gas infrastructures/pipelines. This is about strategic employment forces ahead of the coming Satanic World War 3. World conquest for the coming Luciferian New World Order!

    UK soldiers ‘beat innocent Iraqi men in black ops jails but new secret justice law means their torture will be hidden forever’! 
    By David Rose, http://www.dailymail.co.uk/ 
    The Mail on Sunday can today reveal devastating new claims of abuse by British soldiers carried out at a secret network of illegal prisons in the Iraqi desert.

    One innocent civilian victim is said to have died after being assaulted aboard an RAF helicopter, while  others were hooded, stripped and beaten at a camp set up at a remote phosphate mine deep in the desert.

    The whereabouts of a separate group of 64 Iraqi men who were spirited away on two RAF Chinooks to a ‘black site’ prison, located at  an oil pipeline pumping station, remain unknown.

    Perhaps the most shocking aspect of these alleged abuses, which appear to have been flagrant breaches of international law, is that this secret network is claimed to have been sanctioned by senior Ministry of Defence lawyers. Yet the top British Army lawyer on the ground in Iraq – who was  supposed to be responsible for all aspects of prisoner detention – remained completely unaware of it.

    Meanwhile, the Government last week introduced its new secrecy law in Parliament, which, if enacted, would mean details of the emerging scandal would be hidden for ever. The role of both the soldiers and the lawyers in the alleged prisoner abuse will come under the spotlight tomorrow, when the first stage of a legal action on behalf of some of the victims is launched.

    If the Justice and Security Bill becomes law, Ministers will be able to demand secret hearings, and to prevent the victims from ever  seeing evidence about their claims.

    read more!

It’s about drugs, oil/gas pipelines and world conquest! The global drug trade is controlled by the 13 Satanic bloodlines!

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June 26, 2012 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on UK Soldiers ‘Beat Innocent Iraqi Men in Black Ops Jails But New Secret Justice Law Means Their Torture will be Hidden Forever’!